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Oberoi Realty doubles its sales bookings to Rs 828.52 crore in Q2 this year

On Thursday, Oberoi Realty doubles its sales bookings to Rs 828.52 crore in the second quarter ended September on improved housing demand by low mortgage rates.

On Thursday, Oberoi Realty doubles its sales bookings to Rs 828.52 crore in the second quarter ended September on improved housing demand by low mortgage rates.

The company collected Rs 328.30 crore in its sales bookings last year as shown in a regulatory filing.

Oberoi Realty sold over 200 apartment units during July-September quarter as compared to only 45 units sold last year.

The company sold over 4.4 lakh sq. ft. area in terms of total volume in the second quarter of this year, which was more than which it sold in the same period last year 1.3 lakh sq. ft. area.

During the April-September period this year, Oberoi realty sold over 239 units compared to 50 units sold last year in the same quarter.

The company has now sold over 5.36 lakh sq. ft. area in the first six months of this fiscal year against 1.42 lakh sq. ft. in the first half of last year.

The company records Rs 998.49 crore in sales booking from April-September 2021 from 352.09 in the year-ago period.

Oberoi Realty is a Mumbai-based leading real-estate developer in the country.

Published– PTI

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